Value of watercraft now prorated in years acquired

In accordance with K.S.A. 79-306e, the value of watercraft is now prorated onto or off the tax rolls in the years it is acquired or sold. The owner of

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By Times Staff Report

Butler County Times Gazette

By Times Staff Report

Posted Dec. 10, 2012 at 8:48 AM
Updated Dec 10, 2012 at 8:49 AM

By Times Staff Report

Posted Dec. 10, 2012 at 8:48 AM
Updated Dec 10, 2012 at 8:49 AM

El Dorado, Kan.

In accordance with K.S.A. 79-306e, the value of watercraft is now prorated onto or off the tax rolls in the years it is acquired or sold. The owner of

record must provide the County Appraiser with documentation of a sale or acquisition of a watercraft by Dec. 20 to be eligible for this proration.

State law (K.S.A. 79-304) requires all tangible property to be listed with the county appraiser on or before March 15 of each year to avoid filing penalties. If the Appraiser’s Office discovered and placed your watercraft on the tax roll a filing penalty would have also been assessed.

Anyone who did not own the watercraft on Jan. 1 you will need to provide the County Appraiser a bill-of-sale to justify the removal of the filing penalty.